Netflix Corp's surprisingly strong subscriber growth in the fourth quarter allayed concerns about the company's multi-billion dollar investment in original content.
Alibaba not interested in acquisitions, more interested in partnerships
DAVOS, Switzerland (Reuters) - China's Alibaba is more interested in acquisitions this year than it is in partnerships, Alibaba Executive Chairman Jack Ma said on Thursday.
BlackRock owns 5 percent of Toshiba, likely becoming top shareholder
TOKYO (Reuters) - BlackRock Inc has a stake in Toshiba Corp of 5.01 percent, according to a Japanese government filing, likely becoming the struggling firm's top shareholder.
Alibaba backer GGV Capital looking to raise first yuan fund
HONG KONG (Reuters) - Venture capital firm GGV Capital, an early backer of Chinese e-commerce giant Alibaba Group Holding Ltd, is looking to raise its first yuan fund to make it easier to invest in Chinese sectors restricted to foreigners such as the internet.
EU antitrust regulators welcome Amazon, Apple audiobook agreement
BRUSSELS (Reuters) - A decision by Amazon and Apple to scrap all exclusivity obligations in the supply and distribution of audiobooks will likely boost competition, EU antitrust regulators said on Thursday.
Six Coolpad workers detained in patent dispute with former employer Huawei
HONG KONG (Reuters) - Chinese smartphone maker Coolpad, part of the LeEco technology conglomerate, said six employees had been detained by authorities, accused of infringing the intellectual property rights of their former employer Huawei Technologies [HWT.UL].
Mediaset sees pay-TV strategy boosting EBIT 17-fold in five years
MILAN (Reuters) - Broadcaster Mediaset expects a 17-fold increase in its Italian operating profit by 2020 by completely rethinking the strategy of its pay-TV arm Premium after a deal to sell the unit to France's Vivendi fell through.
Facebook to build data center in Denmark
COPENHAGEN (Reuters) - Facebook plans to build its third data center outside the United States in Odense, Denmark, the California-based tech company said at a joint press conference with Odense municipality on Thursday.
Panasonic aims to move Tesla auto partnership beyond batteries: CEO
OSAKA (Reuters) - Panasonic Corp aims to extend its partnership with electric car maker Tesla Motors Inc beyond batteries and into self-driving technology, as the Japanese conglomerate continues to shift its focus to the automotive business.
U.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO
SAN FRANCISCO/NEW YORK (Reuters) - This past November, Nasdaq Inc hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera sunglasses and sent the aerial footage to its social media followers.
Bitcoin exchange BTCC says operating normally, no official word from China central bank
SHANGHAI (Reuters) - The head of major Chinese bitcoin exchange BTCC said on Thursday the platform was operating normally and that it had stopped offering margin loans last week alongside its competitors Huobi and OkCoin.
Snap Inc hires Jennifer Park Stout as head of global policy
(Reuters) - Messaging app owner Snap Inc has hired Jennifer Park Stout, former deputy chief of staff to the U.S. Secretary of State, as its head of global public policy, a spokeswoman told Reuters on Wednesday.
Nintendo says to launch Super Mario Run Android version in March
TOKYO (Reuters) - Japan's Nintendo said it will release an Android version of its first ever Super Mario mobile game in March following the launch of Super Mario Run for Apple Inc's iPhone in December.
Indian government wants Apple, but not all officials are biting
NEW DELHI (Reuters) - Some Indian officials have baulked at Apple's demands for concessions before it assembles iPhones there, raising doubts about a spring deadline to launch a key project in Prime Minister Narendra Modi's campaign to lure foreign investors.
Toshiba shares slump on reports of U.S. nuclear business loss
TOKYO (Reuters) - Toshiba Corp shares slumped on Thursday after a media report said the industrial conglomerate will post a loss of more than 500 billion yen ($4.36 billion) at its U.S. nuclear reactor business.
Netflix blows past international subscriber estimates
(Reuters) - Netflix Inc's international and U.S. subscriber additions blew past analysts' estimates as the video streaming service released shows including the award-winning British drama "The Crown" and a revival of "Gilmore Girls".
Alibaba's Ma says no chance of U.S. trade war with China
DAVOS, Switzerland (Reuters) - China and the United States are not about to be drawn into a trade war, Alibaba Executive Chairman Jack Ma said on Wednesday at the World Economic Forum (WEF) in Davos.
South Korean court dismisses request to arrest Samsung chief
SEOUL (Reuters) - A South Korean court on Thursday rejected a request for a warrant to arrest the head of the Samsung Group, Jay Y. Lee, over his alleged role in a corruption scandal that led to the impeachment of President Park Geun-hye.
U.S. sues Oracle, alleges salary and hiring discrimination
(Reuters) - The U.S. Labor Department has sued Oracle America Inc, alleging that the technology company systematically paid its white, male employees more than other workers and unlawfully favored Asian applicants in its recruiting and hiring efforts.
U.S. to probe whether Fujifilm violating Sony magnetic tape patents
WASHINGTON (Reuters) - The U.S. International Trade Commission said on Wednesday it had launched on investigation into whether Fujifilm Holdings Corp was violating patents which Sony Corp holds for certain magnetic tape cartridges.
U.S. begins patent probe of graphics processors, DDR memory controllers
WASHINGTON (Reuters) - The U.S. International Trade Commission began a patent infringement probe on Wednesday after ZiiLabs Inc charged that several firms were importing products to the United States in violation of its patents on graphics processors and DDR memory controllers.
Facebook dismissive of censorship, abuse concerns, rights groups allege
A 3D-printed Facebook logo is seen in front of a displayed stock graph in this illustration taken November 3, 2016. REUTERS/Dado Ruvic/Illustration
Who is Anna-Senpai, the Mirai Worm Author?
On September 22, 2016, this site was forced offline for nearly four days after it was hit with “Mirai,” a malware strain that enslaves poorly secured Internet of Things (IoT) devices like wireless routers and security cameras into a botnet for use in large cyberattacks. Roughly a week af...
Who is Anna-Senpai, the Mirai Worm Author?
On September 22, 2016, this site was forced offline for nearly four days after it was hit with “Mirai,” a malware strain that enslaves poorly secured Internet of Things (IoT) devices like wireless routers and security cameras into a botnet for use in large cyberattacks. Roughly a week af...
GM resolves SEC accounting case tied to ignition switch
The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan October 26, 2015. REUTERS/Rebecca Cook
Toshiba loses court appeal against EU cartel fine on joint venture
Toshiba's logo is seen at an industrial area in Kawasaki, Japan, January 16, 2017. Picture taken on January 16, 2017. REUTERS/Kim Kyung-Hoon
India to consider Apple's request for incentives with 'open mind': Minister
The Apple logo is seen on the facade of the new Apple Store in Paris, France, January 5, 2017. REUTERS/Charles Platiau
South Korea's Netmarble seeks M&As, U.S. expansion: founder
An employee walks past the logo of Netmarble Games at its headquarters in Seoul, South Korea, March 25, 2016. REUTERS/Kim Hong-Ji
Toshiba in talks to sell chip business stake to Western Digital: source
Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo September 14, 2015. REUTERS/Toru Hanai/File Photo
Yahoo Japan defies calls to rethink ivory sales as Yahoo Inc CEO weighs in
TOKYO/SAN FRANCISCO (Reuters) - Yahoo Japan, the country's biggest online auction site, is rebuffing calls to end online ivory trading despite Yahoo Inc CEO Marissa Mayer's misgivings over facilitating a business blamed for the illegal slaughter of African elephants.